Empowered Funds LLC Raises Holdings in Quad/Graphics, Inc. (NYSE:QUAD)

Empowered Funds LLC lifted its holdings in shares of Quad/Graphics, Inc. (NYSE:QUAD) by 5.4% during the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 279,486 shares of the business services provider’s stock after acquiring an additional 14,204 shares during the period. Empowered Funds LLC owned 0.54% of Quad/Graphics worth $1,269,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. EMC Capital Management grew its holdings in shares of Quad/Graphics by 11.7% during the first quarter. EMC Capital Management now owns 25,020 shares of the business services provider’s stock worth $133,000 after purchasing an additional 2,623 shares during the last quarter. Cubist Systematic Strategies LLC increased its position in Quad/Graphics by 20.7% during the second quarter. Cubist Systematic Strategies LLC now owns 23,486 shares of the business services provider’s stock worth $128,000 after buying an additional 4,023 shares during the period. Exchange Traded Concepts LLC lifted its stake in Quad/Graphics by 3.5% in the third quarter. Exchange Traded Concepts LLC now owns 232,999 shares of the business services provider’s stock valued at $1,058,000 after buying an additional 7,914 shares during the last quarter. BNP Paribas Financial Markets boosted its holdings in shares of Quad/Graphics by 20.8% in the first quarter. BNP Paribas Financial Markets now owns 46,127 shares of the business services provider’s stock valued at $245,000 after acquiring an additional 7,947 shares during the period. Finally, PFG Investments LLC grew its position in shares of Quad/Graphics by 17.3% during the third quarter. PFG Investments LLC now owns 61,253 shares of the business services provider’s stock worth $278,000 after acquiring an additional 9,025 shares during the last quarter. Hedge funds and other institutional investors own 39.52% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on QUAD shares. StockNews.com upgraded shares of Quad/Graphics from a “buy” rating to a “strong-buy” rating in a research note on Saturday, October 26th. Rosenblatt Securities reissued a “buy” rating and set a $7.60 price target on shares of Quad/Graphics in a report on Friday, October 25th. Finally, Barrington Research boosted their price target on Quad/Graphics from $8.50 to $10.00 and gave the company an “outperform” rating in a research report on Wednesday, October 30th.

Quad/Graphics Trading Up 3.1 %

NYSE:QUAD opened at $7.00 on Friday. The firm has a market cap of $364.83 million, a P/E ratio of -4.12 and a beta of 1.57. The company has a current ratio of 0.85, a quick ratio of 0.56 and a debt-to-equity ratio of 8.35. The stock’s 50 day simple moving average is $5.73 and its 200-day simple moving average is $5.26. Quad/Graphics, Inc. has a 12-month low of $4.06 and a 12-month high of $7.94.

Quad/Graphics (NYSE:QUAD) last released its earnings results on Monday, October 28th. The business services provider reported $0.26 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.20 by $0.06. The business had revenue of $674.80 million for the quarter, compared to analyst estimates of $654.90 million. Quad/Graphics had a positive return on equity of 42.63% and a negative net margin of 2.82%. During the same quarter in the previous year, the company posted $0.11 earnings per share. Equities analysts anticipate that Quad/Graphics, Inc. will post 0.84 EPS for the current year.

Quad/Graphics Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 6th. Investors of record on Monday, November 18th will be paid a $0.05 dividend. The ex-dividend date of this dividend is Monday, November 18th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 2.86%. Quad/Graphics’s dividend payout ratio (DPR) is presently -12.12%.

Quad/Graphics Profile

Quad/Graphics, Inc provides marketing solutions worldwide. The company operates through United States Print and Related Services, and International segments. It offers printing services, such as retail inserts, publications, catalogs, special interest publications, journals, direct mail, directories, in-store marketing and promotion, packaging, newspapers, custom print products, and other commercial and specialty printed products; and paper procurement services.